Updated over 5 years ago on . Most recent reply
Just starting off, looking for insight
What are pros/cons of the below?
1. Invest out-of-state with 20% down
2. Invest in-state with FHA loan
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Nicholas L.
#2 Out of State Investing Contributor
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Nicholas L.
#2 Out of State Investing Contributor
Pro Member
#2 Out of State Investing Contributor
- Flipper/Rehabber
- Pittsburgh
@Josh Rowe it all depends. More cash down means your mortgage is lower which means you're more likely to cash flow, but it also means more debt. Are you willing to move?